Avery Dennison to acquire JDC solutions

Avery Dennison has agreed to acquire JDC Solutions, a privately owned manufacturer of pressure-sensitive specialty tapes headquartered in Mount Juliet, Tennessee, for the purchase price of USD 24 million.

Avery Dennison has agreed to acquire JDC Solutions, a privately owned manufacturer of pressure-sensitive specialty tapes

JDC employs approximately 75 employees located at its headquarters and manufacturing site in Tennessee, with approximately USD 30 million in annual revenue.

The company manufactures specialty tapes for use in a variety of high-value industrial applications. It has longstanding relationships with US converters serving the automotive, consumer appliance, and building and construction industries, among others. 

Upon completing the acquisition, JDC’s manufacturing operations, workforce, and product portfolio will become part of Avery Dennison’s Performance Tapes North America business.

The acquisition is expected to close in Q1, subject to customary conditions and approvals.

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